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    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

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    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Court Dismisses UBA’s Suit, Rules Banks Answerable To FCCPC

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    Pelican Valley Estates Surge In Value As Tinubu Unveils Ogun Gateway Int’l Airport, Airline

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    UK Property Goldmine Book Launch Sets a New Benchmark for Cross Border Nigerian – UK Investment Dialogue

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

    ‘My Brand Will Stand,’ Classic Kitchen Boss Declares amid Sabotage Attempts 

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    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Babatunde Adeyemo: Celebrating a Visionary Leader, Philanthropist and Real Estate Champion on His Birthday

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

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    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

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    Stars Turn Heads With Bold Fashion Statements as AMVCA 2026 Leaves Lasting Impression

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    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Amaka Okeke Denies Affair With Frank Edoho, Threatens Legal Action Against Accusers

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Tega Breaks Silence Over Alleged Affair With Frank Edoho, Threatens Legal Action

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Frank Edoho Breaks Silence On Alleged Affair Between Ex-Wife Sandra and Singer Chike

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Nollywood Actor Alex Ekubo Dies After Battle With Health Challenges 

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

    Ilebaye’s Father Speaks On Viral Family Clash, Claims Reality Stars Winner Attacked Him First

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    Tinubu Approves Nigeria’s Hosting of 2026 CAF Awards, General Assembly

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    Ex – Super Eagles Striker Eneramo Collapses, Dies During Match In Kaduna

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Alleged Okowa N1.3Trn Diversion: Okowa Submits Self To EFCC

The Daily Crucible by The Daily Crucible
November 5, 2024
in News
0
Alleged Okowa N1.3Trn Diversion: Okowa Submits Self To EFCC

 

 

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Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested former Governor of Delta State, Dr. Ifeanyi Okowa over alleged diversion of N1.3 trillion.

 

It was s not yet clear if Okowa left the EFCC facility yesterday.

The anti-graft agency arrested Okowa when he honoured the agency’s invitation in Port Harcourt, the Rivers State capital on Monday.

The former governor was accused of misusing funds, including the N1.3 trillion alleged to be diverted and being part of the 13 percent derivation fund earmarked for oil-producing states.

The funds were said to have been diverted between 2015 and 2023.

He is also facing probe over another N40 billion allegedly used to acquire shares in UTM Floating Liquefied Natural Gas, a facility being developed by UTM Offshore Limited in Akwa Ibom State.

The anti-graft agency is also investigating him for alleged diversion of funds “to acquire estates in Abuja and Asaba.”

 

 

Tags: Delta StateEFCCIfeannyi Okowa
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